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The Astonishing Collapse of MF Global Kindle Edition

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Length: 74 pages

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Product Details

  • File Size: 763 KB
  • Print Length: 74 pages
  • Publisher: The Motley Fool (January 10, 2012)
  • Publication Date: January 10, 2012
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B006WC6IWY
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Not Enabled
  • Lending: Not Enabled
  • Enhanced Typesetting: Not Enabled
  • Amazon Best Sellers Rank: #845,783 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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2 of 2 people found the following review helpful By Mike Beunder on November 23, 2012
Format: Kindle Edition Verified Purchase
It is a good account of the fall of MF Global. It provides a broad review of the different actors that were involved in the process (or should have been involved!). The different mechanics are well covered although the story could have been improved with a few diagrams to portrait the overall lay-of-the-land and the strength (legal or non-legal) of the links between the different actors. There is one unfortunate detail: the book doesn't run the story to its full end, namely what happened to the approximately US$120B of missing funds that should have been untouched as they were held in the supposedly sacrosanct future commodity trading accounts. That story is still unfolding apparently but it is almost as if you've bought a detective story and the last 10 pages are missing.....

An excellent precursor to this story is the book from David Faber on the financial crisis of 2007 (And Then the Roof Caved In: How Wall Street's Greed and Stupidity Brought Capitalism to Its Knees [Paperback]).
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By Ted Sorce on March 28, 2015
Format: Kindle Edition Verified Purchase
Very informative.
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